Company and four directors charged over RM20.3m in money laundering

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GEORGE TOWN: A company and its four directors were charged in the Sessions Court here on 94 counts of money laundering amounting to RM20.3 million bet...

: A company and its four directors were charged in the Sessions Court here on 94 counts of money laundering amounting to RM20.3 million between Jan 2019 to Dec 2022.

Azman said in a statement today that all four pleaded not guilty to the charges which were read before Judge Mazdi Abdul Hamid who then fixed Dec 1 for re-mention of the case. “All the directors of the company were also accused of having used money from illegal sources amounting to RM168,681.00 to acquire eight luxury vehicles during that period,” he said.

 

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